Are you also in a nodeuser club?

Nice!

Would appreciated reading your thoughts on Princess of the Yen - Richard Werner. The thesis that banks do not operate fractional reserve but create money ex nihilo.

That of course does not mean that the barter could not have been a proto economy in some parts of the world, but it also shows that the reality is much more interesting and complex, and that people are highly creative. So I highly recommend Graeber for his anarchistic creativity, even though I accept that his fews are limited by his ideology, which is the case for anymof us. I mean Selgin also does not see Bitcoin as money, so he is far from perfect: )

I agree with that argument, but that is not quite true either. He provides anthropological evidence that barter->coinage->credit it is not the only direction in which money evolved, not just in simple societies but also in complex and large early civilisations.

Anyway, the book is much richer in content and explores a range of perspectives, and Selgin's critic seems quite superficial.

Have not read this until now, thanks! It is nice to read counter arguments, but I would not call it debunking. Graeber explores the history of money from many different, perspectives and is mostly concern with pre-modern societies. One can debunk it with only with more detailed anthropological eveidence, which Selgin does not even try to provide in his short article.

Is there a way to render latex math here?

Also Debt: The First 5000 Years - Greaber, supper interesting, but I rarely see it discussed in Bitcoin circles.

The core thesis, to my understanding, is that credit was the original form of money, but different civilisations also used different things as money depending on the asset being exchanged.

The most striking insight for me from the book is that religion and morality, what is good and what is bad, is tightly linked to the debtor/debtee interactions.

The dawn of everything - David Greaber

Just posted a feature request for bitwarden https://community.bitwarden.com/t/private-key-management-for-nostr-accounts/51768

That is a slippery slope, you could become next Fragile Nassim.

*have to copy

**but i also hate it 😛

Any idea why links in your posts do not open in a browser? I always hate to copy the entire message.

https://www.youtube.com/watch?v=-2DxO6tJOiM&t=1

I've got those tehnicolor eyes money can never come to me easily

gm 🤗

That sounds like a good band name ... how about nonoscoiners?

I can still see the note within a thread after a deletion request. But note is hidden from my notes tab.

Does one need to connect to a mint first for this to work?